29 Dec '11, 12am

airlines entering EU ETS from this week:

Airlines will have to start buying carbon credits to pay for carbon emitted during all flights into and out of Europe from next week, in a move that the EU hopes will cut the sector's environmental impact and boost investment in green technology. Carriers will join power plants and factories in the emissions trading scheme (ETS), although permits will not have to be handed over until 2013. FURTHER READING Updated: European court approves aviation emissions trading Branson predicts aviation could be among 'cleanest' industries within 10 years The scheme started on schedule after surviving a legal challenge by trade organisation Airlines for America (A4A), formerly known as the Air Transport Association of America, as well as American Airlines and United Continental. The airlines had argued that forcing non-EU carriers to abide by the rules breached international aviation ag...

Full article: http://www.businessgreen.com/bg/news/2134208/airlines-ent...

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